PSEi up slightly ahead of SONA

THE stock market recovered on Friday with analysts noting last-minute buying ahead of President Rodrigo Duterte’s State of the Nation Address (SONA) on Monday.

The bellwether Philippine Stock Exchange index (PSEi) inched up 0.16 percent or 11.74 points to close at 7,399.61 while the wider All Shares eked out 0.10 percent or 4.26 points to finish at 4,466.70.